Bitcoin price taps $30K for first time since April

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Bitcoin price taps $30K for first time since April
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It's back! BTC passes $30,000 after a two-month absence.

As traders lined up short-term targets, on-chain monitoring resource Material Indicators focused on $30,000 as an important level to overcome.

“Watching to see how much bid liquidity moves in to the active trading range to serve as support,” it commented. The U.S. was already a focus for crypto market participants, with the ETF announcements fueling a return to accumulation during Western trading hours.continued“The intense bidding on Coinbase that took place yesterday commenced at a similar time as it did today.”

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